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Grant Cardone: Kamala Harris ‘Does Not Understand Housing’

Grant Cardone: Kamala Harris ‘Does Not Understand Housing’

by Phil Hall | Sep 25, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

High-profile real estate investor Grant Cardone has given Vice President Kamala Harris an F grade for her comprehension of housing issues. “Kamala Harris is either financially illiterate, incompetent, or she believes that her voters are. Her plans come up every...
Invitation Homes Agrees to $48 Million Settlement with FTC

Invitation Homes Agrees to $48 Million Settlement with FTC

by Phil Hall | Sep 25, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Federal Trade Commission (FTC) has announced Invitation Homes, the country’s largest landlord of single-family homes, has agreed to a settlement where the company will turn over $48 million to refund consumers harmed by its deceptive actions. The company was...
Number of Loans in Forbearance Up in August

Number of Loans in Forbearance Up in August

by Phil Hall | Sep 25, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The total number of loans now in forbearance increased by 4 basis points to 0.31% as of Aug. 31, according to data from the Mortgage Bankers Association (MBA). A total of 155,000 homeowners are currently in forbearance plans. The share of Fannie Mae and Freddie Mac...
New VP of Acquisitions at First National Realty Partners

New VP of Acquisitions at First National Realty Partners

by Phil Hall | Sep 25, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

First National Realty Partners (FNRP), a Red Bank, New Jersey-headquartered private equity commercial real estate firm, has hired Stuart Brackenridge as vice president of acquisitions. In his new job, Brackenridge will be responsible for sourcing, evaluating and...
New Home Sales Down as Nearly Half of Listings Go Untouched for at Least 60 Days

New Home Sales Down as Nearly Half of Listings Go Untouched for at Least 60 Days

by Phil Hall | Sep 25, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New home sales are down as more residences for sale are spending extended periods on the market, according to a pair of new data reports. Sales of new single-family houses in August were at a seasonally adjusted annual rate of 716,000, according to estimates published...
New Orleans Mansion Featured in ‘American Horror Story’ is Sold

New Orleans Mansion Featured in ‘American Horror Story’ is Sold

by Phil Hall | Sep 25, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A New Orleans mansion built in 1856 that gained pop culture fame from its appearance in the television series “American Horror Story” was sold. Mansion Global reported the property, known as the Buckner Mansion, was listed in May for $4.5 million and was later reduced...
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